Schwab Foundation for Social Entrepreneurship Annual Report 2024 2025
Page 44 of 52 · WEF_Schwab_Foundation_for_Social_Entrepreneurship_Annual_Report_2024_2025.pdf
Schwab Foundation
Summit 2025
The Schwab Foundation Summit 2025 brought
together nearly 200 social innovators, public
and private sector leaders, and ecosystem
partners from around the world for three days
of collaboration, learning and strategic dialogue.
Held in Seoul, the summit explored how social
innovation can drive systemic change amidst
global uncertainty – from economic disruption
and geopolitical shifts to climate impacts and
social fragmentation. The event saw strong
national engagement, with opening remarks
from Tae-Won Chey, Chairman of SK Group
and the Korean Chamber of Commerce and
Industry (KCCI), and participation from other
senior representatives of SK Group, Hyundai,
CJ Corporation and KCCI. The presence
of congressmen from the Democratic Party
highlighted the incumbent government’s strong
continued support for social innovation.
Widespread coverage in Korean media further
underscored the summit’s national relevance
and the valuable role the World Economic Forum
and Schwab Foundation can play in connecting
global and local innovation efforts.At the summit, two major initiatives were
launched to support the future of social
innovation. The Youth and Social Innovation
Initiative was introduced to strengthen
intergenerational leadership and address key
barriers faced by youth-led and youth-focused
social enterprises. In parallel, the foundation
released a new report, Redefining Value: From
Outcome-Based Funding to Tradeable Impact,
proposing innovative financial models that assign
real economic value to social and environmental
outcomes – unlocking new pathways for private
capital to accelerate systemic change. Lastly,
a group of social entrepreneurs formed a task
group focused on opportunities and distinct
challenges that for-profit and hybrid social
enterprises face.
Image: Nearly 200 social innovators, entrepreneurs,
impact investors, ecosystem organisations, young
changemakers, and global corporations united in Seoul
for the Schwab Foundation Summit 2025. Credit: Schwab
Foundation for Social Entrepreneurship
It was a week of broadening horizons –
realizing that many of us are at similar
stages, even in very different parts of the
world, and learning firsthand from others’
experiences about the value of the network.
Juan Jose Ayerza
Fundación TECHO, Chile
Schwab Foundation Annual Report 2024–2025
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